Court retains Sept-Oct dates for IPIC trial
KUALA LUMPUR (Jan 6): The criminal breach of trust (CBT) trial of former premier Datuk Seri Najib Razak (pictured) and former Treasury secretary-general Tan Sri Mohd Irwan Serigar Abdullah involving RM6.
High Court fixes dates for IPIC trial from end-November to January 2021
KUALA LUMPUR (Feb 27): The High Court has fixed the trial dates for Datuk Seri Najib Abdul Razak and former Treasury secretary-general Tan Sri Mohd Irwan Serigar Abdullah's International Petroleum Investment Company (IPIC) case.
UK court says yes to open hearing of Malaysia's suit against IPIC
KUALA LUMPUR (Nov 27): The UK Court of Appeal has ruled in Malaysia's favour to have its bid to challenge a US$5.
Witness: Najib wanted him to settle IPIC dispute before it became GE14 issue
KUALA LUMPUR (Sept 4): Prosecution witness Datuk Amhari Effendi Nazaruddin (pictured, left) told the High Court here today that Datuk Seri Najib Razak had in 2016 assigned him to meet Mubadala Investment Co group CEO Khaldoon Khalifa Al Mubarak to settle the 1Malaysia Development Bhd (1MDB)-International Petroleum Investment Co (IPIC) dispute outside the International Court of Arbitration.
Two alleged 1MDB co-conspirators sent to jail in Abu Dhabi
KUALA LUMPUR (June 17): Two men linked to the 1Malaysia Development Bhd (1MDB) kleptocracy scandal have been convicted of financial crimes and sentenced to jail in Abu Dhabi, The Wall Street Journal reported yesterday, citing a statement from the emirate’s criminal court.
Tommy Thomas: Malaysia-IPIC arbitration to be placed under UK High Court supervision
KUALA LUMPUR (May 30): Attorney General Tommy Thomas said today the UK High Court emphasised that it remains ready to proceed with 1Malaysia Development Bhd (1MDB) and Minister of Finance Inc's (MOF Inc) challenge against the consent award to International Petroleum Investment Co (IPIC) after having regard to the circumstances.
48 days of trial fixed for Najib and Irwan's IPIC case
KUALA LUMPUR (May 14): The High Court here has today fixed approximately 48 days of trial beginning Jan 6 next year for the hearing of Datuk Seri Najib Razak's (left) and former Treasury secretary-general Tan Sri Mohd Irwan Serigar Abdullah's (right) International Petroleum Investment Co (IPIC) case.
Goldman says relied on documents provided by IPIC execs in 1MDB US$1.75b bond issue
KUALA LUMPUR (Dec 20): Goldman Sachs said the financial services provider relied on documents provided by International Petroleum Investment Co (IPIC) executives, when Goldman Sachs proceeded with the US$1.
IPIC sues Goldman Sachs over 1MDB
KUALA LUMPUR (Nov 22): The International Petroleum Investment Co (IPIC) is suing Goldman Sachs Group Inc for playing a “central role” in the 1Malaysian Development Bhd (1MDB) scandal, which IPIC says caused it “significant financial exposure and losses”.
Malaysia seeks relief from US$5.78b payment to IPIC, Aabar
KUALA LUMPUR (Oct 30): Malaysia is seeking to relieve itself from the obligation to pay the balance of the US$4.
